Top buyer of U.S. debt caught up in Iran sanctions case
Sep 28, 2026 5:36 PM
Tether is now the 17th-largest holder of U.S. Treasuries, yet it has become the primary payment tool for the Iranian government and Hezbollah to bypass sanctions. It’s a dangerous paradox: the same entity propping up U.S. debt is the financial lifeline for the IRGC and its proxies. Despite freezing $550 million, USDT remains the go-to currency for sanctioned regimes. Can we trust a stablecoin that fuels both the U.S. economy and its enemies? What’s your take?
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